Form 990 for tax year 2024
Filed by MINNESOTA VETERINARY MEDICAL ASSOCIATION.
Totals
- Total revenue
- $1,581,278
- Total expenses
- $1,596,609
- Contributions and grants received
- $0
- Grants paid
- $84,659
- Program service revenue
- $1,337,843
- Investment income
- $151,827
- Other revenue
- $91,608
- Total assets, end of year
- $5,224,297
- Total liabilities, end of year
- $516,109
- Net assets or fund balances, end of year
- $4,708,188
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: MEMBERSHIP MEETINGS &
total $583,973 · related or exempt $583,973
-
2b · Program service revenue: MEMBERSHIP DUES
total $440,178 · related or exempt $440,178
-
2c · Program service revenue: VET TECH SERVICES
total $89,061 · related or exempt $89,061
-
2d · Program service revenue: CLINICS AND SEMINARS
total $79,355 · related or exempt $79,355
-
2e · Program service revenue: FOUNDATION ADMINISTRAT
total $75,619 · related or exempt $75,619
-
2f · All other program service revenue
total $69,657 · related or exempt $5,293 · unrelated business $64,364
-
3 · Investment income
total $121,458 · excluded $121,458
-
6a · Gross rents
real property $36,300
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $36,300
-
6d · Net rental income or loss
total $36,300 · excluded $36,300
-
7a · Gross sales of assets other than inventory
securities $503,875
-
7b · Less cost or other basis and sales expenses
securities $473,506
-
7c · Gain or loss
securities $30,369
-
7d · Net gain or loss
total $30,369 · excluded $30,369
-
11a · Other revenue: OTHER INCOME
total $55,308 · related or exempt $55,308
-
11e · Other revenue, total
$55,308
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $72,659
-
2 · Grants to domestic individuals
total $12,000
-
5 · Compensation of officers, directors and key employees
total $165,763
-
7 · Other salaries and wages
total $264,523
-
8 · Pension plan contributions
total $12,198
-
9 · Other employee benefits
total $23,579
-
10 · Payroll taxes
total $36,981
-
11b · Fees: legal
total $300
-
11c · Fees: accounting
total $11,790
-
11d · Fees: lobbying
total $64,562
-
11f · Fees: investment management
total $39,904
-
11g · Fees: other
total $65,686
-
13 · Office expenses
total $59,901
-
16 · Occupancy
total $43,580
-
19 · Conferences, conventions and meetings
total $471,976
-
22 · Depreciation, depletion and amortization
total $24,760
-
23 · Insurance
total $8,127
-
24a · Other expenses: PUBLIC RELATIONS
total $101,680
-
24b · Other expenses: EXPENSE ACCOUNTS
total $34,261
-
24c · Other expenses: BANK AND CREDIT CARD CH
total $29,771
-
24d · Other expenses: CLINICS AND SEMINARS
total $25,857
-
24e · All other expenses
total $26,751
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $366,875 · end of year $355,513
-
2 · Savings and temporary cash investments
beginning of year $46,408 · end of year $47,334
-
4 · Accounts receivable
end of year $15,000
-
9 · Prepaid expenses and deferred charges
beginning of year $33,346 · end of year $26,472
-
10a · Land, buildings and equipment: cost or other basis
$788,158
-
10b · Land, buildings and equipment: accumulated depreciation
$406,480
-
10c · Land, buildings and equipment, net
beginning of year $403,844 · end of year $381,678
-
11 · Investments: publicly traded securities
beginning of year $4,133,816 · end of year $4,398,300
-
17 · Accounts payable and accrued expenses
beginning of year $59,960 · end of year $60,575
-
19 · Deferred revenue
beginning of year $397,317 · end of year $455,534
-
27 · Net assets without donor restrictions
beginning of year $4,527,012 · end of year $4,708,188
Mission and programs · 2024
Mission
SUPPORTING AND EMPOWERING VETERINARY PROFESSIONALS, ADVANCING ANIMAL WELL-BEING AND PROMOTING PUBLIC HEALTH.
-
CONTINUING EDUCATION - PUBLIC RELATIONS, EDUCATIONAL BROCHURES, STATE FAIR EDUCATIONAL EXHIBITS, ONLINE DIRECTORY, MN DISASTER AND EMERGENCY PREPAREDNESS, EDUCATIONAL SEMINARS AND WEBINARS. THE ASSOCIATION PRODUCES A BI-MONTHLY PUBLICATION FOR ITS MEMBERS. THE ASSOCIATION HOSTS AN ANNUAL CONVENTION, MEETINGS AND ENGAGEMENT FOR PROFESSIONALS IN THE VETERINARY INDUSTRY.
-
MEMBER SERVICES - CONVENTIONS, NETWORKING AND ENGAGEMENT OPPORTUNITIES, CONFERENCES, SPECIAL COMMITTEES AND TASK FORCES, AND PROGRAMS IN SUPPORT OF WELL-BEING AND INCREASING DIVERSITY, EQUITY AND INCLUSION IN THE PROFESSION.
-
GOVERNMENT AFFAIRS - THE MVMA HAS AN ADVOCACY PROGRAM THAT ACTIVELY MONITORS STATE AND FEDERAL LEGISLATION AFFECTING OUR PROFESSION. THE MVMA EMPLOYS SKILLED LOBBYISTS IN THE STATE TO SUPPORT NEEDED LEGISLATION OR FEND AGAINST HARMFUL LEGISLATION THAT MAY AFFECT THE VETERINARY PROFESSION.
As filed on the 2024 return.
Listed in Part VII
-
ANN BROWNLEE DVM
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
ROB MEMMEN DVM
PRESIDENT-ELECT
- Total calculated
- $0
- Hours/week
- 1
-
JESSICA FOX DVM
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
JAMES BENNETT DVM
PAST-PRESIDENT THRU 2023
- Total calculated
- $0
- Hours/week
- 0.5
-
HEATHER DOUGLAS DVM
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
CHRIS ANDERSON DVM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
NED PATTERSON DVM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
HOLLY RUDOLF DVM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
TRAVIS ANDERSON DVM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
KELLY ANDREWS
EXECUTIVE DIRECTOR
- Total calculated
- $156,637
- From this org
- $140,587
- From related orgs
- $0
- Other
- $16,050
- Hours/week
- 40 + 5 related
Schedule J breakdown matched by us
- Base
- $140,587
- Bonus
- $0
- Other
- $0
- Deferred
- $4,218
- Nontaxable benefits
- $11,832
- Filer's total
- $156,637
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
SCHOLARSHIPS
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
MINNESOTA VETERINARY MEDICAL FOUNDATION
501(C)(3) · PROMOTION OF VETERINARY MEDICINE · MN
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 December 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523529349300102
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